Actor Brad Pitt’s Plan B Entertainment, the production company behind films like Moonlight and The Big Short, is in talks to sell a significant stake to French media conglomerate Mediawan, according to people with knowledge of the matter.
The company has received bids from a few potential investors, said the people, who asked not to be identified discussing private negotiations. Mediawan, which has been backed by KKR & Co., is the front-runner. Plan B is expected to make a final decision in the next couple of weeks. Talks could still fall apart, and another bidder could still win.
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